Business
Frontdoor Delivers Exceptional Third-Quarter 2025 Financial Results
Revenue Increased 14% to $618 Million; Gross Profit Margin Increased 60 Basis Points to 57%; Net Income Increased 5% to $106 Million; Adjusted EBITDA(1)
About this update from Frontdoor, Inc.
[{"type":"text","content":"\nRevenue Increased 14% to $618 Million;\nGross Profit Margin Increased 60 Basis Points to 57%;\nNet Income Increased 5% to $106 Million;\nAdjusted EBITDA(1) Increased 18% to $195 Million;\nRepurchased $215 Million of Shares YTD Through October 2025;\nIncreasing Full Year Revenue and Adjusted EBITDA Guidance\n\n MEMPHIS, Tenn--(BUSINESS WIRE)--\nFrontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home warranties, today announced its third-quarter 2025 results.\n\n\n\nFinancial Results\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nThree Months Ended\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nSeptember 30,\n\n\n\n \n\n\n\n\n\n(In millions except as noted)\n\n\n\n \n\n\n\n2025\n\n\n\n \n\n\n\n \n\n\n\n2024\n\n\n\n \n\n\n\n \n\n\n\nChange\n\n\n\n \n\n\n\n\n\nRevenue\n\n\n\n \n\n\n\n$\n\n\n\n618\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n540\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n14\n\n\n\n%\n\n\n\n\n\nGross Profit\n\n\n\n \n\n\n\n \n\n\n\n353\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n306\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n16\n\n\n\n%\n\n\n\n\n\nNet Income\n\n\n\n \n\n\n\n \n\n\n\n106\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n100\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n5\n\n\n\n%\n\n\n\n\n\nDiluted Earnings per Share\n\n\n\n \n\n\n\n \n\n\n\n1.42\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n1.30\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n9\n\n\n\n%\n\n\n\n\n\nAdjusted Net Income(1)\n\n\n\n \n\n\n\n \n\n\n\n117\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n106\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n11\n\n\n\n%\n\n\n\n\n\nAdjusted Diluted Earnings per Share(1)\n\n\n\n \n\n\n\n \n\n\n\n1.58\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n1.38\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n15\n\n\n\n%\n\n\n\n\n\nAdjusted EBITDA(1)\n\n\n\n \n\n\n\n \n\n\n\n195\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n165\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n18\n\n\n\n%\n\n\n\n\n\nHome Warranties (number in millions)\n\n\n\n \n\n\n\n \n\n\n\n2.11\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n1.95\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n8\n\n\n\n%\n\n\n\n\nThird-Quarter 2025 Summary\n\n\nRevenue increased 14% to $618 million; comprised of a 3% increase from price and a 12% increase from higher volume primarily driven by the 2-10 acquisition\n\n\nGross profit margin increased 60 basis points\n\n\nNet Income and Diluted Earnings Per Share increased 5% to $106 million and 9% to $1.42, respectively\n\n\nAdjusted EBITDA(1) increased 18% to $195 million\n\n\nShare repurchases totaled $215 ...